Vancouver, BC, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Deep Sea Minerals Corp. (CSE: SEAS) (OTCQB: DSEAF) (FSE: X45) ("Deep Sea Minerals" or the "Company"), a subsea mineral exploration and development company focused on advancing critical mineral opportunities from the deep ocean, is pleased to announce that the Company’s application to the U.S. Defense Industrial Base Consortium (the “DIBC”) has been approved.The DIBC is managed by Advanced Technology International (“ATI”) on behalf of the U.S. Department of Wa ...

NOTE: All finances in Canadian Dollars unless otherwise stated.Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) ("Barksdale" or the "Company") clarifies its news release dated January 20, 2026 (the "January News Release") that announced the completion of amendments, pursuant to an extension and amendment agreement (the "Extension and Amendment Agreement"), to the terms of its secured convertible debentures and associated war ...

Core Viewpoint - Barksdale Resources Corp. has successfully closed a private placement, raising approximately CAD 5 million to fund its ongoing projects and corporate expenses [1][2]. Group 1: Private Placement Details - The company closed a private placement of 55,545,744 units at a price of CAD 0.09 per unit, resulting in gross proceeds of CAD 4,999,117 [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of CAD 0.15 until February 19, 2028 [1][3]. - The offering is subject to a statutory hold period expiring on June 20, 2026, and requires final acceptance from the TSX Venture Exchange [4]. Group 2: Use of Proceeds - The funds raised will support the Phase II drill campaign at the Sunnyside project, cover the Phase II earn-in payment to Great Basin Metals Inc., and finance ongoing corporate expenses and geochemical/geophysical projects under review for the Sunnyside and San Javier projects [2]. Group 3: Finder and Advisory Fees - Medalist Capital Advisors Inc. was engaged as the exclusive finder for the offering, receiving a 6% commission in the form of 1,434,780 finder’s units [3]. - An advisory fee was also paid to Medalist Capital Ltd. in the form of 1,560,000 units, with both finder’s and advisor’s units structured similarly to the units sold in the offering [3]. Group 4: Insider Participation - Certain insiders participated in the offering, which is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements due to the transaction's size relative to the company's market capitalization [5]. - The offering was unanimously approved by the company's Board of Directors [5]. Group 5: Future Plans - The company plans to raise an additional CAD 932,585 through a private placement with Crescat Capital LLC, issuing 8,478,049 units at CAD 0.11 per unit [6]. - Each investor unit will also consist of one common share and one-half of a common share purchase warrant, with similar terms to the previous offering [6]. Group 6: Company Overview - Barksdale Resources Corp. aims to create long-term shareholder value through the acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas [8]. - The company focuses on metals essential for the global energy transition and modern infrastructure, particularly copper, zinc, and other critical minerals [8].

Company Updates - Terrain Minerals Ltd has commenced diamond drilling at its 100%-owned Smokebush Gold & Silver Project, aiming to define a maiden JORC Mineral Resource targeted for mid-2026, with an initial program of four diamond holes and further RC drilling planned at the Wildflower prospect [2] - Carnavale Resources Ltd has entered a more advanced development phase by starting a Bankable Feasibility Study drilling at the Kookynie Gold Project, engaging Terra Drilling for detailed metallurgical diamond drilling and planning to mobilize two additional RC rigs for infill resource drilling [3] - Nova Minerals Ltd is undergoing a significant reorganisation due to the loss of its Foreign Private Issuer status, planning to redomicile to the U.S., acquire the remaining 15% interest in the Estelle Gold and Critical Minerals Project, and search for a U.S.-based CFO [4] - Kairos Minerals Ltd reported maiden drill results from the Main Hill Extension target at its 1.4Moz Mt York Gold Project, with results from 35 of 46 completed drill holes expected to enhance the existing resource [5] Market Overview - The S&P/ASX Small Ordinaries index closed higher by 15.40 points or 0.41% to 3,809.10, despite being under pressure over the past week with a decline of almost 5% [1]

Core Viewpoint - New Frontier Minerals (ASX:NFM) is strategically positioning itself to capitalize on the increasing North American interest in critical minerals through a dual listing on the OTCQB Venture Market, which aims to enhance U.S. investor engagement and access to capital [1][6] Group 1: Company Developments - The company has secured an 85% interest in a key tenement within the Harts Range HRE project in the Northern Territory, with additional tenement grants also recently obtained [2][3] - Inaugural drilling at the Harts Range site is expected to commence in the coming weeks, coinciding with the company's efforts to expand its NWQ copper project in Queensland [3] - The chairman highlighted that both the Harts Range and NWQ copper projects are strategically located within a stable Australian jurisdiction, contributing to secure supply chains for heavy rare earth elements essential for advanced manufacturing, defense, and clean energy transition [4] Group 2: Market Context - There is a growing geopolitical focus on supply chain security for critical minerals, leading to increased interest from U.S. investors, particularly in projects that demonstrate scale, grade, and clear pathways to downstream integration [5] - The U.S. government, under Donald Trump, is investing billions to establish secure domestic and allied critical mineral supply chains, aiming to reduce reliance on Chinese rare earths [5]

Core Viewpoint - Winshear Gold Corp. is conducting a non-brokered private placement to raise $2,500,000 for its Portsoy project and general working capital [2][3]. Group 1: Private Placement Details - The company is offering 25,000,000 Units at a price of $0.10 per Unit, with each Unit consisting of one common share and one half of a common share purchase warrant [2]. - Each full warrant allows the holder to purchase one common share at a price of $0.20 for a period of 36 months from the closing date [2]. - Finder's fees of up to 6% cash and a 6% warrant will be paid, with terms similar to the Unit warrants [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated to a drill program at the Portsoy project in Scotland and for general working capital [3]. Group 3: Regulatory and Compliance Information - The completion of the private placement is subject to approval from the TSX Venture Exchange [3]. - All securities issued will be subject to a hold period of four months and one day from the date of issuance [3]. Group 4: Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company with projects in Scotland (Portsoy Project) and Ontario (Thunder Bay Project) [4].

Core Insights - U.S. rare earth and critical miner stocks experienced a rally due to renewed discussions in Washington about expanding federal support for domestic supply chains, boosting investor sentiment across the sector [1][10] - The U.S. government signed a non-binding deal through the Commerce Department's CHIPS Act program to provide approximately $1.6 billion in funding and loans to USA Rare Earth, Inc. (USAR), which resulted in a 7.9% increase in USAR's shares [2][10] - The reliance of the U.S. on foreign suppliers for critical minerals poses a vulnerability, prompting policymakers to consider incentives to strengthen domestic mining and processing capabilities [3][4] Industry Developments - Investors are optimistic about potential expanded tax credits, direct funding, and regulatory support that could enhance project economics and shorten development timelines for U.S. producers [4][11] - Geopolitical tensions and supply chain disruptions have underscored the strategic importance of securing reliable domestic access to key raw materials, essential for both industrial growth and defense readiness [5][11] - Long-term trends related to clean energy, electrification, and advanced technologies continue to support the investment case for critical minerals, indicating that policy signals from Washington can significantly influence the sector [6][11] Company Highlights - Coeur Mining, Inc. (CDE) is a gold and silver miner with exposure to critical minerals, showing an expected earnings growth rate of 355.6% for the current year, with a Zacks Rank of 1 [7] - Idaho Strategic Resources, Inc. (IDR) focuses on rare earths and other critical minerals, with an expected earnings growth rate of 6% for the current year and a Zacks Rank of 2 [8] - IperionX Limited (IPX) specializes in rare earth and critical mineral production, with an expected earnings growth rate of 95% for the current year, also holding a Zacks Rank of 2 [9]

Core Viewpoint - Barksdale Resources Corp. has granted stock options to acquire 4,850,000 common shares at an exercise price of $0.12, demonstrating appreciation for employee contributions and commitment to the company's growth [1][2]. Company Overview - Barksdale Resources Corp. aims to drive long-term shareholder value through strategic acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas [2]. - The company focuses on metals essential for the global energy transition and modern infrastructure, particularly copper, zinc, and other critical minerals [3]. Strategic Focus - Barksdale is positioned to play a key role in meeting future resource needs, emphasizing responsible growth and the importance of secure, domestic sources of critical metals [3].

Core Viewpoint - Renegade Gold Inc. has strengthened its leadership team by appointing Enrico (Rick) Paolone as Chairman of the Board and Dain Currie as directors, both bringing extensive experience in capital markets and the mining sector [1][5]. Group 1: Leadership Appointments - Enrico (Rick) Paolone has over 32 years of experience in advising institutional portfolio managers and has a strong background in capital raising and governance within the natural resources sector [2]. - Dain Currie has more than 20 years of experience in capital markets and corporate strategy, focusing on the mining and natural resource sectors [3]. Group 2: Company Overview - Renegade Gold Inc. is focused on the acquisition, exploration, and development of mineral properties in the Red Lake Mining District of Northern Ontario, with a significant land package of 1,320 km² [6]. - The company aims to advance its exploration strategy and build long-term value in the Red Lake district, which is known for its gold occurrences [6].

Core Insights - The article highlights the final assay results from NioCorp Developments Ltd.'s 2025 drilling campaign at the Elk Creek Critical Minerals Project, reinforcing geological confidence in the deposit [1] Group 1: Company Developments - NioCorp is a leading U.S. critical minerals developer focused on the Elk Creek Project located in southeast Nebraska [1] - The results from the drilling campaign support ongoing resource and reserve uplift efforts [1] Group 2: Geological Confidence - The assay results continue to reinforce the geological confidence in the Elk Creek Deposit [1]